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Perfios takes over healthcare information exchange platform IHX

by AIP Online Bureau | Apr 28, 2025 | Health, Indian News, Technology

“The acquisition of IHX is a strategic leap in our mission to transform the healthcare claims landscape. IHX has long served as the backbone of India’s health claims ecosystem, and we are excited to welcome the IHX team into the Perfios family,” said Sabyasachi...
Shifting Gears: Cautious mid-term outlook for global motor insurance as challenges persist, says Swiss Re

Shifting Gears: Cautious mid-term outlook for global motor insurance as challenges persist, says Swiss Re

by AIP Online Bureau | Apr 24, 2025 | International News, Non-Life, Reinsurance, Technology

Swiss Re’s Chief Underwriting Officer Casualty Laure Forgeron said: “The global motor insurance market is both dynamic and rapidly evolving. At this moment, the introduction of new tariffs will have a material impact by increasing repair costs and putting...

US cyber insurance premium shrinking to continue: Fitch

by AIP Online Bureau | Apr 16, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The cyber insurance line was profitable for 2024, but direct written premiums fell for the second straight year due to declining rates and fewer policies in force U.S. cyber insurance renewal premium rates have fallen YoY for the last three quarters and are...

Over 1.3 crore get insurance cover through GeM in 2024-25

by AIP Online Bureau | Apr 16, 2025 | Data, Eco/Invest/Demography, Intermediaries, Life, Non-Life

“GeM remains committed to continuously enhancing its platform to provide seamless, secure and cost-effective procurement solutions. The milestone of 1.3 crore insured persons reflects the growing confidence of government organizations in leveraging GeM for their...
AI in Insurance: GenAI tools driving over 30% productivity gains, industry leaders getting results, BCG Report

AI in Insurance: GenAI tools driving over 30% productivity gains, industry leaders getting results, BCG Report

by AIP Online Bureau | Apr 11, 2025 | Indian News, Technology

Pallavi Malani, India Leader – Insurance Practice, BCG said, “Generative AI is reshaping the insurance industry. From underwriting and claims automation to customer service and AI enabled agency channel – we expect AI to structurally change the industry....
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